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821 Olokele Avenue

Honolulu, HI 96816
  • $1,888,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 202324068
UPDATED: 62 min ago
$1,888,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1939
County:
Area:

School Ratings & Info

Description

Super desirable central location close to beach, Waikiki, UH Manoa, and Ala Moana with 4 one-bedrooms in front two-story building (built in 1957) and 1 three-bedroom house (built in 1939) and 1:1 covered parking. All units separately metered for electric (no master meter), one water meter with very low expenses, currently self-managed. Seasoned tenant poolthis area is a tenant favorite(!)and room for improving rents as all tenants are MTM. Laundry machines owned by tenants. Improvements include: 2 new roofs, copper plumbing inside all units, upgraded electric panels, house and Unit A : most electric rewired.

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© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
www.barneshawaii.com/homes/144637753
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821 Olokele Avenue Honolulu, HI 96816

  • Price: $1,888,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 62 min ago
  • MLS #: 202324068
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1939
Built
Neighborhood:
Kapahulu
County:
Oahu
Area:
Metro
Property Description
Super desirable central location close to beach, Waikiki, UH Manoa, and Ala Moana with 4 one-bedrooms in front two-story building (built in 1957) and 1 three-bedroom house (built in 1939) and 1:1 covered parking. All units separately metered for electric (no master meter), one water meter with very low expenses, currently self-managed. Seasoned tenant poolthis area is a tenant favorite(!)and room for improving rents as all tenants are MTM. Laundry machines owned by tenants. Improvements include: 2 new roofs, copper plumbing inside all units, upgraded electric panels, house and Unit A : most electric rewired.
Exterior Features

Construction Materials Concrete BlockOtherWood Frame Floor Number 2 Loading None Parking AssignedOn Site Parking Total 6 Property Frontage Other Roof Composition Stories OneTwo

Interior Features

Cooling None Floors ConcreteOtherWood Sq Ft Other 0 Sq Ft Total 3067

Property Features

Amenities None Annual Expenses 15862.00 Assessed Value Improvements 130900.00 Assessed Value Land 1523800.00 Assessed Value Total 1654700.00 Building Name None Business Type Condo/AptOther Disclosures Licensed Owner Documents Lease DocumentsP&LTitle Search Easements None Expenses Source Owner Flood Zone Zone X Foreclosure YN No Income Source Owner Land Recorded Regular System Land Tenure Fs - Fee Simple Lease Type CashExchangeOther Listing Financing Month To Month Management Company Self Managed Net Operating Income 68138.00 Property Condition Above Average Property Type 96816 Sewer Connected Special Sale Conditions None Tax Amount 482.62 Tax Annual Amount 5791.44 Tax Paid By Seller Yes Tax Year 2023 Tenant Pays Electricity Total Actual Rent 7000.00 Total Income 84000.00 Utilities Available Light ElectricityOtherSmall Water Meter Zoning 12 - A-2 Medium Density Apartme

Listings provided courtesy of Commercial Inv. Strategies: (808) 429-1098.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2023-12-01T17:58:53.61. Information is deemed reliable but not guaranteed. Copyright: 2023 by HiCentral MLS, Ltd.


© 2023 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of Hawaii, USA.
 
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Compass
1586 Mokulua Dr.
Kailua HI, 96734